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Demonetisation: Banks may trim base rate by 360 bps in 3-4 years, says Ambit

Banks may trim base rate by 360 bps in 3-4 years, says Ambit – Moneycontrol.com
Ambit, in a report, has pegged the GDP growth rate for the second half of this year at a mere 0.5 percent. It has also cut its FY18 GDP growth guidance to 5.8 percent from 7.3 percent.

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